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Cindy invests $350,000 in a city of Atlanta bond that pays 5.50 percent interest Atematively, Cty cou $350,000 in a bond recently issued by Beelve,

Cindy invests $350,000 in a city of Atlanta bond that pays 5.50 percent interest Atematively, Cty cou $350,000 in a bond recently issued by Beelve, Incorporated that pays 800 percent re Atlanta bond. Assume that Cindy's marginal tax rate is 24 percent How much explicit tax would Cindy incur on interest earned on the BeeHive, incorporated bond? Multiple Choice $21.680.00 $6,720.00

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